# Bending Spoons (BSP): Berkshire Hathaway adds $330M at $33 a share, lifting its stake to 4% > Bending Spoons, the Milan-based company that buys older internet and software businesses such as AOL, Vimeo and Evernote, agreed on 14 October 2026… - URL: https://centiview.com/post/bending-spoons-bsp-berkshire-adds-330m-at-33-a-share-after-600m-ipo-stake - Published: 2026-10-14T18:10:00.000Z - Sectors: Technology & AI - Region: Europe - Ticker: BSP - Sentiment (opinion, not a recommendation): bullish - Publisher: Centiview (Persie Ltd, London) - General information only, not financial advice Bending Spoons, the Milan-based company that buys older internet and software businesses such as AOL, Vimeo and Evernote, agreed on 14 October 2026 to sell 10 million new shares to Berkshire Hathaway at $33 each, raising about $330M. It follows the $600M Berkshire put in at the July stock-market listing and takes its stake to 4%. The shares jumped sharply on the day, by differing amounts depending on the time and the outlet. ## What happened On 14 October 2026 Bending Spoons S.p.A. said it had entered a binding agreement with Berkshire Hathaway, the investment group run from Omaha, to sell it 10 million ordinary shares in a private placement, a sale of new shares to one buyer rather than to the public. The price is $33.00 a share, so gross proceeds are about $330 million before fees. The company's filing with the US regulator, called a Form 6-K, says the money is for general corporate purposes and for new acquisitions, and that closing is expected in the fourth quarter of 2026, subject to customary conditions. The shares are not registered with the US regulator and cannot be resold in the US without registration or an exemption. The company says the purchase lifts Berkshire's total holding to 4%, on top of the $600 million Berkshire invested when Bending Spoons listed on Nasdaq in July 2026 at $29 a share. Chief executive Luca Ferrari welcomed Berkshire as a shareholder at the listing and called the new investment a reinforcement of that relationship, and co-founder Francesco Patarnello said it reflects confidence in the team. Berkshire did not comment, according to Yahoo Finance. Bending Spoons' business is buying established digital products, rebuilding them with heavy use of automation and AI, and reinvesting the profits into further purchases. Its stable includes Airtable (the purchase completed on 4 September 2026), AOL, Brightcove, Eventbrite, Evernote, Tractive, Vimeo and WeTransfer. ## The numbers, explained Here is our working. Ten million shares at $33 is $330 million, which matches the company's figure. The IPO price was $29, so Berkshire is paying $4 more per share than it did in July: $33 divided by $29 is 1.138, or about 13.8% higher. Yahoo Finance, citing the filing, says $33 is about 13% below Tuesday's closing price. Its report also says the shares rose as much as 54% in the morning to $58; working back, a price of $58 after a 54% rise implies a Tuesday close near $37.7, which would make $33 about 12.4% below it. Both readings point to a discount of roughly 12% to 13%. A discount to the market price is common in private placements, because the buyer commits a large sum and cannot resell freely. Reports of the day's rise differ because they were taken at different times. Yahoo Finance said the stock was up about 38% around 11 a.m. New York time, after a peak of 54%; Investing.com reported a gain of more than 35%; Benzinga's headline said 45%. We therefore treat the size of the move as approximate and do not rely on any one figure. Yahoo also puts the company's market value at roughly $33 billion and says the shares are up about 80% from the $29 IPO price. Those are the outlet's calculations, not company data. Market value means the share price multiplied by all shares in issue. The new shares are a small addition to that total, so the deal changes the company's cash more than its ownership: 10 million shares for $330 million is new cash, not a purchase of existing holders' shares. ## Why it matters Bending Spoons makes money by buying software and internet businesses at what it judges to be fair prices and then running them more profitably. That model needs a steady supply of cash. In the past six weeks it completed the Airtable purchase (agreed on 4 August at an enterprise value of $1.285 billion, per The Next Web), agreed on 10 September to buy the online whiteboard company Miro for $1.355 billion, and on 25 September priced extra borrowing of $1.25 billion and €395 million (both due 2031) to help pay for it. Enterprise value means the price of a company's equity plus its debt, less cash. A fresh $330 million of equity, which does not have to be repaid, adds to that funding. For other investors, the news is a signal rather than a guarantee. Berkshire is known for buying and holding businesses for a long time, so a second purchase, at a higher price than the first, shows continued interest from a well-known long-term holder. That is a fact about Berkshire's behaviour, not proof the business will do well. For sellers of software companies, a better-funded buyer can mean another bidder. For rivals in software and collaboration tools, the competitive effect depends on how Bending Spoons runs Miro and Airtable, which the filings do not describe. The company also carries large borrowings, so the equity raise lowers, but does not remove, its reliance on debt. ## What to watch next The next dated item is the planned closing of the Berkshire placement in the fourth quarter of 2026, subject to customary conditions; the company said a Subscription Agreement, the contract setting the final terms including registration rights for the investor, is still "to be entered into". The Miro acquisition is also expected to close in the fourth quarter of 2026, subject to regulatory approvals. We did not find a confirmed date for Bending Spoons' next quarterly results, so check the company's investor relations page. Readers can compare the funding and acquisition figures above with what the company reports when it next publishes accounts. - Key terms in plain words - Private placement: a sale of new shares to a chosen buyer instead of to the public. - Stake: the share of a company that an investor owns. - Enterprise value: a company's equity value plus its debt, minus cash. - IPO: the first sale of a company's shares on a stock exchange. > **Why it matters** Bending Spoons buys and rebuilds software companies, so new cash helps it buy more. A second investment from Berkshire, at a higher price than in July, is a notable vote of confidence from a long-term investor, though not a prediction of results. > **What we verified** From Bending Spoons' SEC 6-K and press release of 14 Oct 2026: 10 million shares, $33 a share, about $330M, stake 4%, $600M earlier at the July IPO, closing expected Q4 2026. Yahoo Finance and Investing.com confirm the terms; the IPO price of $29, the roughly 13% discount, the $58 intraday high and the $33B value come from Yahoo Finance only. Miro ($1.355B) and the loan add-ons ($1.25B, €395M) come from the company's SEC 6-K filings of 10 and 25 Sept. Percentages were recomputed by us. The size of the share rise differs between outlets. ### Sources - [Bending Spoons 6-K: Private placement to Berkshire Hathaway (SEC)](https://www.sec.gov/Archives/edgar/data/2004711/000200471126000018/bsp-20261014x6k.htm) - [Bending Spoons press release, Exhibit 99.1 (SEC)](https://www.sec.gov/Archives/edgar/data/2004711/000200471126000018/bsp_ex99-1.htm) - [Bending Spoons stock soars on new Berkshire Hathaway investment (Yahoo Finance)](https://finance.yahoo.com/markets/article/bending-spoons-stock-soars-on-new-berkshire-hathaway-investment-151759397.html) - [Bending Spoons shares rocket 35% following new Berkshire Hathaway investment (Investing.com)](https://www.investing.com/news/stock-market-news/bending-spoons-shares-rocket-35-following-new-berkshire-hathaway-investment-4949642) - [Bending Spoons to acquire Miro, 6-K Exhibit 99.1 (SEC)](https://www.sec.gov/Archives/edgar/data/0002004711/000200471126000015/bsp_ex99-1.htm)